Issuer's Early Redemption (Call Option)::Mandatory

Issuer & Securities

Issuer/ Manager
SHINHAN BANK
Security
SHINHANBK US$350M6.819%N360920 - XS0267870508 - 7PZB

Announcement Details

Announcement Title
Issuer's Early Redemption (Call Option)
Date &Time of Broadcast
12-Aug-2016 10:47:56
Status
New
Corporate Action Reference
SG160812MCAL1TNS
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Original Maturity Date
20/09/2036

Event Narrative

Narrative Type
Narrative Text
Narrative versionAs the Redemption Conditions are satisfied and the Issuer is solvent at the time of the payment, the Issuer has exercised its call option to redeem the Securities in whole at a redemption price equal to the principal amount of the Securities plus accrued (but unpaid) interest.

Disbursement Details

Existing Security Details
Cash Payment Details
Redemption Rate (%)
100

Attachments

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.